£319,915
This estimated value is based upon the latest sale price for the house of £315,000 on 28 Mar 2024. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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UNIT 12, 97 – 101 PEREGRINE ROAD, HAINAULT BUSINESS PARK, ESSEX, IG6 3UT
Phone: 02036415458
Price Paid | Date |
---|---|
£315,000 | 28 Mar 2024 |
£273,000 | 8 Apr 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in March 2024 the House Price Index for GREATER LONDON was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £315,000 results in an estimated price of approximately £319,915.
28 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 149.7 | 1.560 % | £315,000 | £4,915 | £319,915 |
The Postcode Pricing Model uses changes in average sales price within the IG6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -31.488 % | £-99,187 | £215,812 |
3 Month Average | -5.806 % | £-18,288 | £296,711 |
6 Month Average | 2.565 % | £8,078 | £323,078 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £319,915 | £315,000 | FLAT 5 ALBERT HOUSE RESERVOIR WAY |
28 Apr 2023 | £463,724 | £455,050 | 38 RESERVOIR WAY |
5 Apr 2023 | £422,910 | £415,000 | 4 AMWELL VIEW |
17 Nov 2022 | £278,697 | £280,000 | FLAT 2 ALBERT HOUSE RESERVOIR WAY |
1 Dec 2021 | £333,506 | £309,000 | 8 WANTI TERRACE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 25 May 2016. Using an estimated price of £319,915 means this house is valued at £5,159 per sq meter (£479 per sq foot).
The average size of a house on RESERVOIR WAY is 92 sq meters (999 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Reservoir Way |
Apr 2024 | Anti-social behaviour | On or near Natasha Close | |
Apr 2024 | Anti-social behaviour | On or near Natasha Close | |
Apr 2024 | Anti-social behaviour | On or near Natasha Close | |
Apr 2024 | Anti-social behaviour | On or near Natasha Close |